Pros
- BlackRock's diversified business model provides stability and a wide range of opportunities for career development (however, only if you build a strong network and have luck an opening becomes available). - Reputation is good to have on CV - probably because some bright people are working there and exposure give you chance to learn a lot. - Work life balance is good (dependent on department).
Cons
- Salaries are way below average (for top performers), and hardly increase, not even based on outstanding performance. - Bonuses at VP level are peanuts compared to other companies, particularly hedge funds. - Culture in certain departments is extremely political; senior management totally incompetent managing and developing talent. - Promotions completely inconsistent across departments. Top performers may not be promoted in one department after sustained contributions, while other departments promote average performers after just a year at the firm. Senior management apparently think employees don't notice these things...